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Cryptocurrency News Articles

Crypto AI Titans Unite: SingularityNET, Fetch.ai, and Ocean Protocol Forge AI Superpower

Mar 28, 2024 at 02:09 pm

In the burgeoning crypto AI industry, SingularityNET, Fetch.ai, and Ocean Protocol reportedly merge to form an Artificial Superintelligence (ASI) token, $ASI, with a potential fully diluted value of $7.5 billion. The merger aims to create a decentralized AI collective, an alternative to Big Tech dominance in AI development and monetization. The $ASI token will merge $FET and $AGIX tokens with conversion rates, while $OCEAN holders will automatically convert to $ASI. The leadership team remains unchanged, with key figures from each platform assuming roles.

Crypto AI Titans Unite: SingularityNET, Fetch.ai, and Ocean Protocol Forge AI Superpower

Crypto AI Revolution: SingularityNET, Fetch.ai, and Ocean Protocol Merge to Create AI Superpower

The crypto AI industry is witnessing a groundbreaking development with the reported merger of three prominent platforms: SingularityNET, Fetch.ai, and Ocean Protocol. This transformative alliance is set to establish a formidable force in the AI landscape, challenging the dominance of Big Tech companies.

The Birth of the ASI Token

According to sources, the merger will culminate in the creation of an Artificial Superintelligence (ASI) token, a digital asset with a projected fully diluted value of approximately $7.5 billion. The ASI token will serve as a catalyst for the development of Artificial General Intelligence (AGI), a long-sought technology that mimics human cognitive abilities.

A Collective for Ethical and Decentralized AI

The merger aims to establish a crypto AI collective that empowers developers and users with an ethical and decentralized alternative to the AI solutions offered by Big Tech. By aligning their resources and expertise, SingularityNET, Fetch.ai, and Ocean Protocol intend to create a vibrant ecosystem that fosters innovation, transparency, and user empowerment.

Unleashing AGI's Potential

The ASI token will play a pivotal role in accelerating the development of AGI. By unlocking new funding and attracting top talent, the merger will enable the collective to advance the frontiers of AI research and bring AGI closer to reality. The token will also facilitate the commercialization of AI products and services, ensuring that the benefits of AI are distributed equitably.

Uniting Visionaries and Innovators

The merger brings together a powerhouse team of industry veterans and visionary leaders. Humayun Sheikh of Fetch.ai will chair the new entity, while Ben Goertzel of SingularityNET will assume the role of CEO. Trent McConaghy and Bruce Pon will represent Ocean Protocol, and Janet Adams will bridge the gap between AI and finance on behalf of SingularityNET.

A Call to Action for Token Holders

Holders of Fetch.ai's FET and SingularityNET's AGIX tokens will have the opportunity to participate in the merger by voting on the token proposal. Ocean Protocol's OCEAN community will not require a vote, as the platform has relinquished control over its token.

A New Era in Crypto AI

The merger of SingularityNET, Fetch.ai, and Ocean Protocol marks a significant milestone in the crypto AI industry. It signals a shift towards a world where decentralized AI empowers individuals and enables the development of ethical and transformative technologies. As the collective continues to grow and evolve, the ASI token is poised to become a symbol of the future of AI, driving innovation and ushering in a new era for the industry.

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Other articles published on Nov 05, 2024